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IPO

shares jump 13% in Shanghai debut

by Edgar Davis
shares jump 13% in Shanghai debut

Visitors visit the stand of Huahong Group at an exhibition in Shanghai, China, June 15, 2023. On August 7, 2023, Huahong Group, the world’s sixth largest foundry semiconductor manufacturer, officially …

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Shein says it is profitable as IPO rumors swirl

by Anas Siddiqui
Shein says it is profitable as IPO rumors swirl

Customers hold shopping bags outside the Shein Tokyo showroom in Tokyo, Nov. 13, 2022. Noriko Hayashi | Bloomberg | Getty Images Shein notched its highest profit ever during the first …

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J&J to reduce Kenvue stake by 80% through stock exchange offer

by Akin Smith
J&J to reduce Kenvue stake by 80% through stock exchange offer

Kenvue, a unit of Johnson & Johnson’s consumer health business. CFOTO | Future Publishing | Getty Images Johnson & Johnson on Monday said it plans to reduce by at least …

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Beauty company goes public with 40% debut pop

by Anas Siddiqui
Beauty company goes public with 40% debut pop

Oddity Tech, the beauty and wellness company that uses AI to develop cosmetics and has former Israeli defense officials on staff, debuted on the public markets with a 40% pop …

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Vietnam’s digitalization efforts fuel startup scene

by Walter Watson
Vietnam’s digitalization efforts fuel startup scene

Vietnamese employees working inside the French IT company Linkbynet in Ho Chi Minh City. A decade ago app technology would likely have been developed in California’s Silicon Valley, but today …

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